Verified AccountantsUK firms, verified against the public record
Profit Accounting Services Ltd website icon

Profit Accounting Services Ltd

Bookkeeper in London EC1V

Verified & RegulatedTrust Score93/100Excellent

Companies House: 10622530124 City Road, London, EC1V 2NXData updated 07 Jul 2026

In the local market

Profit Accounting Services Ltd is one of 4856 accountancy practices we verify in London. It advertises a wider range of services than most firms we list in London.

Verified Accountants assessment

Profit Accounting Services Ltd is a UK limited company based in London, incorporated in 2017 and trading for 9 years.

Public records confirm it is anti-money-laundering supervised by HMRC, up to date with its accounts (last filed 28 Feb 2025), and running a confirmed website. Its most recent filed accounts, for the year to 28 Feb 2025, report net assets of £23,730 on turnover of £40,311, up from £23,134 the year before. Its website shows it handles Self Assessment, VAT, Payroll, and Bookkeeping.

We have not yet confirmed a phone number for this firm. We add these once we can verify a firm's own website, and if this is your practice you can complete its listing.

How we verify →

Verification record and Trust Score

93/100

Trust Score

Excellent
Public record
AML supervised · HMRC
Active company
Filing compliant
Trading 9 years
Professional qualification
  • ICAEW
  • ACCA
  • AAT
Contact
Website
Phone
Emailpending

The Trust Score is the share of the applicable public signals we have verified, scored out of 100 - fully deterministic, never subjective. How it is scored, and every signal's points →

Companies HouseActiveno. 10622530 (opens in new tab)incorporated 2017Companies House · checked 07 Jul
Registered activity
  • SIC 69202 - Bookkeeping
The business activity the firm registered with Companies House (its Standard Industrial Classification).Companies House · checked 07 Jul
Filing complianceAccounts and confirmation statement filed on timelast accounts 28 Feb 2025 (opens in new tab)Companies House · checked 07 Jul
Anti-money-launderingSupervised by HMRCMLR XJML00000123220By law, every UK accountant must be supervised for anti-money-laundering, by HMRC or an approved professional body. Being on the HMRC supervised register means this firm is monitored and operating legitimately.HMRC AML register · checked 20 Jul
Sources: Companies House (opens in new tab), HMRC AML register (opens in new tab)
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Good fit for

  • Handles Self Assessment, VAT, Payroll and Bookkeeping

Specialisms and services

Services
AccountantSelf AssessmentVATPayrollBookkeepingLimited company accountsCIS

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Registered address

Shared with 468 companies registered at this address (Capital Office). An address used by this many companies is a shared, serviced or virtual office - not a dedicated one.

See all 468 companies at this address

People at Profit Accounting Services Ltd

Persons with significant control (1)

  • Mr Ivaylo Atanasov IvanovOwns 75-100% of shares, 75-100% of voting rights, 75-100% of voting rights

Source: Companies House register (opens in new tab).

Financials (as filed)

Companies House filing history (opens in new tab) | 2022 to 2025
Net assets
£24k
as at 28 Feb 2025+£596 vs 2024
Current assets
£26k
as at 28 Feb 2025+£781 vs 2024
Cash at bank
£19k
as at 28 Feb 2025+£781 vs 2024
Average employees
1
as at 28 Feb 2025-1 vs 2024
Current assets (cash, debtors, other) and net assets by year, in £. Latest year first.
2025202420232022
CashDebtorsNet assets
Full figures
As filed28 Feb 202529 Feb 202428 Feb 202328 Feb 2022
Average employees1222
Turnover£40,311£38,109£34,611£39,484
Net assets£23,730£23,134£22,100£24,789
Cash at bank£19,016£18,235£23,010£28,291
Current assets£25,757£24,976£23,010£28,291
Debtors£6,741£6,741£12,941
Shareholders equity£23,730£23,134£22,100£24,789

Figures as reported in this firm's accounts filed at Companies House. Net assets is total assets less what the company owes; a figure below zero means recorded liabilities exceed assets. Small companies may file abbreviated accounts that omit turnover and profit. Public record, reproduced as facts.

Timeline

  1. 2017Company incorporated
  2. 2025Latest accounts filed
  3. 2026Verified on this directory

Frequently asked questions

Is Profit Accounting Services Ltd a regulated accountant?

Yes. Profit Accounting Services Ltd is supervised for anti-money-laundering by HMRC (registration XJML00000123220). Every UK accountant must be supervised for anti-money-laundering, by HMRC or an approved professional body, so this confirms the firm is authorised to practise and monitored for compliance.

What services does Profit Accounting Services Ltd offer?

Based on its own website, Profit Accounting Services Ltd offers Self Assessment, VAT, Payroll, Bookkeeping, Limited company accounts, and CIS. Confirm current services and availability with the firm before engaging. Message this firm →

How long has Profit Accounting Services Ltd been established?

Profit Accounting Services Ltd was incorporated at Companies House in 2017, so it has been on the register for about 9 years. A longer trading history is one sign of an established, accountable firm, though a newer firm is not necessarily less capable.

Does Profit Accounting Services Ltd file its accounts on time?

Yes. According to Companies House, Profit Accounting Services Ltd's most recent statutory accounts were filed by their due date. On-time filing is a basic sign that a company is being administered properly.

How do you verify Profit Accounting Services Ltd?

We build this record only from public, authoritative sources - for this firm, Companies House and HMRC AML register, and stamp every claim with its source and the date we last checked it. We show only what we can verify and say so plainly when we cannot. How we verify →

How is the Trust Score calculated?

The Trust Score is fully deterministic: fixed points for public, verified signals - an active company, anti-money-laundering supervision, filing compliance, a confirmed website and trading history. Profit Accounting Services Ltd scores 93/100. Nothing in the score is subjective, and every rule is listed on this page. How we verify →

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